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Taylor University Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$26,720 Average Grant & Scholarship
79% Undergrads Get Grant Aid

Most students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Taylor University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

What financing options does Taylor U offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.

Importance of Taylor U Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Taylor University.

Average Freshman Financial Aid at Taylor University

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For freshmen starting at Taylor University, 100% of new full-time first-years were awarded at least some aid some 561 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$27,198
Institutional grants & scholarships100%$25,075
Federal Pell grants17%$4,790
State/local grants12%$9,759
Federal student loans37%$4,953

Scholarship and Grant Awards at Taylor University

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Taylor U, around 79% of undergrads got grants or scholarships worth on average $26,720 (covering around 1868 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)79%$26,720
Federal Pell grants13%$5,005
Federal student loans29%$5,879

For students living on campus and receiving title-IV aid, grants averaged $28,540.

Income-Adjusted Net Price at Taylor University

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$14,437
$30,001 – $75,000$19,550
Over $75,000$27,545

Remember these are net prices — what families pay after gift aid, not before.

Net Price at Taylor University

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$24,865
Off-campus title-IV students$24,327

For a personalized estimate based on your family’s financial situation, use Taylor U’s net price tool: www.taylor.edu/admissions/tuition-funding/net-price-calculator.

Student Debt Levels at Taylor University

A typical borrower at Taylor U leaves with $15,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$15,500
Median federal debt (graduates only)$20,500
Typical 10-year monthly payment (graduates)$217.33/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Taylor U.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,885
25th percentile$7,500
75th percentile$27,000
90th percentile (highest-debt students)$29,000

How Debt Outcomes Vary by Student Group at Taylor University

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$12,781
Middle income$14,983
High income$17,009

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$14,792
Continuing-generation students$15,750

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$17,500
Independent students$8,160

Debt Burden Indicators

The figure below distills the debt data into a single burden category for Taylor U.

Federal Loan Volume at Taylor University

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Taylor U:

MetricValue
Stafford loan recipients5292
Total Stafford loan amount$76,800,732

GI Bill and DoD Benefits at Taylor University

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients23
Total GI Bill amount$562,895
Average GI Bill amount per recipient$24,474

Taylor University Financial Aid Resources

References

More about our data sources and methodologies.

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